Movie discovery site scores $7m from DFJ Esprit, others

Movie discovery site scores $7m from DFJ Esprit, others

Time for yet another Berlin startup to raise funding to fuel international growth.

Moviepilot, the company behind a community-driven personal movie and TV show recommendation and discovery site with the same name, has secured $7 million in a Series B financing round led by DFJ Esprit. Notably, the VC firm was a key investor in LOVEFiLM, which was acquired by Amazon last year.

Also participating in the round were existing backers T-Venture (Deutsche Telekom’s venture capital arm), Grazia Equity and Creative Industries Berlin.

The proceeds of the funding round will serve the company’s expansion to the US and to “reinforce its ambition to revolutionise the way movies are marketed and distributed”. May the Force be with them.

Debuted in October 2011, aims to become the leading fan resource for new film and TV projects. Its platform, which leverages Facebook, is designed to help movie fans worldwide not only discover upcoming projects but also stay abreast of their development, from pre-announcement rumours and speculation right through to theatrical release.

Founded in 2007 by filmmakers Tobi Bauckhage (CEO) and Jon Handschin (CPO), and Benjamin Krause (CTO), the company is planning an expansion to Los Angeles after opening a London office earlier this year.

It already has key partnerships in place with the likes of Twentieth Century Fox, Universal, Disney and Paramount.

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